Exceptional studio loft with incredible, panoramic views of the Downtown Los Angeles Skyline from the 7th floor of the SB Grand building at 5th and Broadway. Originally built in the 1920's, the building was converted to loft style condominium homes in the early 2000s and showcases concrete floors, high ceilings, large windows, and updated amenities including in-home washer/dryer. Loft #705 has successfully rented as a premier short term rental home with the Airbnb platform for many years but the owners are ready to move on making this a unique opportunity to purchase a turnkey Airbnb business or to make this special space your own home. Large, loft style living with an open plan kitchen, spacious living area and the incredible light you can see in the images. Residents enjoy the rooftop deck and pool, onsite exercise room and 24 hour doorman services. Broadway restaurants and bars, hotspots like Perch, the Last Bookstore, Grand Central Market, Bunker Hill and more. Located steps from the Pershing Square Metro station and perfectly positioned to benefit from the coming investments in Downtown LA as we welcome the World Cup and Olympics in coming years.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Appliances
- Kitchen Appliances: Dishwasher, Electric Range, Microwave, Free-Standing Range, Refrigerator
- Appliances YN: Yes
- Laundry Features: Stackable
Other Rooms
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
- Heating: Yes
Pool and Spa
- Pool Features: Above Ground, Roof Top
- Pool Private: Yes
- Spa Features: Spa: Yes
Land Info
- Lot Size Acres: 0.6266
- Lot Size Source: Public Records
- Lot Size Square Feet: 27293
Home Features
- View: City Lights, Park/Greenbelt
Homeowners Association
- Association: Yes
- Association Amenities: Picnic Area, Pets Permitted, Pool, Recreation Room, Pet Rules
- Association Fee: 329
- Association Fee Frequency: Monthly
- Calculated Total Monthly Association Fees: 329
Rental Info
Amenities and Community Features
- Community Features: Park, Urban
Other Property Info
- Source Listing Status: Active
- County: Los Angeles
- Directions: Located at corner of 5th and Broadway. Entrance on 5th Street. Look for awning over entrance. Parking is available at Pershing Square across the street.
- Source Property Type: Residential
- Exclusions: Personal property. Sellers are willing to negotiate fully furnished sale.
- Inclusions: Appliances included. Furnishings are negotiable
- Area: C42 - Downtown L.A.
- Property Subtype: condo
- Source Neighborhood: C42 - Downtown L.A.
- Parcel Number: 5149002067
- Postal Code Plus 4: 1748
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 670
- Year Built: 1923
- Common Walls: 2+ Common Walls
- Entry Level: 1
- Entry Location: Ground floor
- Living Area Source: Public Records
- Property Age: 101
- Property Attached: Yes
- Levels or Stories: One
- Building Total Stories: 11
- Structure Type: Multi Family
- Year Built Source: Public Records
Utilities
- Sewer: Public Sewer, Sewer Paid
- Water Source: Public